G4S presents FY 2017 segmental results reflecting recent business disposals and closures, foreign exchange rates and other developments

Ahead of the announcement of its full year 2018 results on 12 March 2019, to aid comparison with the results of the prior period, a summary of the Group’s results for 2017 based on alternative performance measures, reflecting businesses sold since the end of June 2018 and re-classification of onerous contracts, presented at average exchange rates for the year ended 31 December 2018 is set out below:

Representation of results 2017

£m

FY 2017

 

 

Revenue

Adjusted PBITA

 

EPS

 

 

 

 

Core businesses as reported in H1 2018 at actual exchange rates

7,510

478

16.6

Business disposals: H2 2018

(107)

6

0.4

Onerous contract re-classification in H2 2018

12

-

-

Underlying businesses at actual exchange rates

7,415

484

17.0

Exchange differences

(202)

(10)

(0.3)

Underlying businesses at FY 2018 exchange rates

7,213

474

16.7

Reconciliations of the segmental and total Group results for 2017 as reported at H1 2018, to those that are expected to be reported in the 2018 full year results, together with a reconciliation to statutory measures are set out at the end of this announcement

These presentational changes do not change the Group’s audited prior period results.

Read the full announcement here.

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